China leads global solar boom in 2017

A boom in Chinese solar energy led global clean energy investments across 2017.

That’s the verdict from Bloomberg New Energy Finance (BNEF), which says this jump over-shadowed other shifts, such as rising investment in Australia and Mexico and declines in Japan, the UK and Germany.

The total figure reached $333.5 billion (£241.4bn) last year, up 3% from 2016 and only 7% short of the record figure of $360.3 billion (£261bn) reached in 2015.